Is DC (DC) Halal?

AMEX Basic Materials United States $609M
✓ HALAL
Confidence: 83/100
DC (DC) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 0.0% against the AAOIFI threshold of 30%, DC comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Gold), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.0%
/ 30%
1.2%
/ 30%
0.0%
/ 30%
N/A ✓ HALAL
DJIM 0.0%
/ 33%
1.2%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 0.3%
/ 33%
9.9%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
S&P 0.0%
/ 33%
1.2%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 0.3%
/ 33%
9.9%
/ 33%
0.0%
/ 50%
N/A ✓ HALAL

Financial Highlights

EPS
$-0.27
P/B Ratio
4.6
EV/EBITDA
-19.0
EV: $579M
Revenue
$0
Beta
1.0
Average volatility
Current Ratio
10.1

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -28.9%
Return on Assets (ROA) -18.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$31M
Free Cash Flow-$32M
Total Debt$326,946
Debt-to-Equity0.2
Current Ratio10.1
Total Assets$95M

Price & Trading

Last Close$4.46
50-Day MA$5.97
200-Day MA$4.89
Avg Volume1.8M
Beta1.0
52-Week Range
$2.40
$7.25

About DC (DC)

CEO
Dr. Robert Allan Quartermain B.Sc., BSc (Hons), DSc, M.Sc., P.Geo.
Employees
41
Sector
Basic Materials
Industry
Gold
Country
United States
Exchange
AMEX
Market Cap
$609M
Currency
USD

Dakota Gold Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. The company primarily explores for gold deposits. The company was incorporated in 2017 and is based in Lead, South Dakota.

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Frequently Asked Questions

Is DC (DC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), DC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is DC's debt ratio?

DC's debt ratio is 0.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.3%.

What are DC's key financial metrics?

DC has a market capitalization of $609M. Return on equity stands at -28.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.